+31% above market
median 1,975 €/m² for comparable properties
225,000 € 2,586 €/m²
Rent covers ~ 69% of the payment
~ 691 €/mo rent · you top up ~ 307 €/mo
Sale252,000 €2,863 €/m²
Expected rent815 € /mo
AT MARKET LEVEL
fairly priced
against the median for 3-room apartments in Chaika (79 properties)
Area
88 m²
Floor
7 / 8
Construction
Brick
Year
1970
Yield analysis
Low investment rating
Monthly payment1,118 €20% down payment · 20 yrs · 3%
Expected rent815 €at market conditions for the neighbourhood
The rent covers 73% of the payment — you top up about 303 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 26 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.
Property analysis
This apartment is priced at the typical price (the median) for 3-room apartments in Chaika (79 properties) — 2,863 €/m² against 2,854 €/m².
This is a three-room apartment in Varna city, Chaika district. It has an area of 88 sq m on the 7th floor of a brick building from 1970 with an elevator.
The layout includes a living room with kitchenette, two bedrooms, a shared terrace with sea view, an enclosed terrace, bathroom, toilet, and laundry room. The corridor is L-shaped, which improves the functionality of the apartment.
The building is monolithic brick construction with controlled access and maintained common areas. There is a basement storage room for the apartment.
The location is close to the Sea Garden, schools, kindergartens, shops, and public transport, with plenty of green spaces and open areas around the blocks.
The property is suitable for family living with a convenient location and functional layout combining comfort and proximity to nature.
With 20% down over 20 years the monthly mortgage payment is about 1,118 €, against an expected local rent of 815 €. The rent covers 73% of it.
Pros and cons
AI summaryPros
- south aspect
- sea view
- elevator
- functional layout
Cons
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
Questions for the viewing
Only on imotesaDerived from this specific property's data — not a generic checklist. Take them with you.
Have the risers been replaced, and when was the roof last repaired?
Because: The building dates from 1970 — about 56 years old.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
Layout
- living room
- bedroom
- bedroom
Amenities
- Elevator
Exposure
AI summarySSouth
Maximum sunlight throughout the day
Details
- Category
- Residential
- Rooms
- 3
- Bathrooms
- 2
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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